If you have a property located close to the local college or university, you could be missing out on a prime rental opportunity. Millions of students each and every year are in search for housing. In a study done by College Board, the percentage of students who live off campus is around 44%. That number definitely varies though as some
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As we wrap this year up and head into 2020, it’s a known fact that the need for multifamily housing is incredibly strong and there is an increasingly growing desire for renting as opposed to standard homeownership. So what does that mean for you? In property management, it is important that you understand and accommodate your renters and their wants.
Maintenance Issues Buildings and individual houses need ongoing maintenance in structural aspects, plumbing, and electrical systems. Anything can pop up at any time, and repairs have to be attended to immediately to avoid inconveniences to tenants. The best solutions for managing maintenance issues is to have a proper maintenance team like what we have here in SecondKeys. Our team is
At the beginning, vacating into new property is exciting for tenants. It’s like acquiring a new vehicle or furniture. Very pleasant at first, but the excitement gradually diminishes with time, as they get used to the property. Ultimately, a tenant begins perceiving you as some huge extortionist who’s persistently making insane profits from them. The property stops feeling like a
Cost Reduction Cost efficiency is arguably one of the biggest benefits of cloud property management software. On the other hand, cloud property software mitigates all of these costs as there’s no need for your own infrastructure. Your data is stored securely in the cloud, saving you thousands in hardware and labour costs alone. Greater accessibility When your data is stored
Happy July Friends, This month the SecondKeys team attended an investor mixer hosted by Start Co. at Ciao Bella for the current cohort along with some Alumni companies. While we were guest to the event, watching the new teams at the event has reminded us of our cohort. We were also mentioned in the Southern Startup Report as